look news india
Garments and apparel company Raymond's profits have been good. The company's profit increased by 18% to ₹229 crore in the fourth quarter. There is as much discussion about the Singhania family as the company's profits and Raymond's share. Sometimes due to dispute with father and sometimes due to divorce from wife. The personal life of Raymond MD and Chairman Gautam Singhania is often in the news.
'My personal life is mine'
During an interview, Gautam Singhania talked about his personal life. He just said that 'my personal life is mine' and the company has nothing to do with it. He said that I do not want to comment on whatever happened in the family. Gautam said that my entire focus is on business. Gautam Singhania said in an interview that all our businesses are growing. He said that my personal life is mine, I will deal with it. He said that I have two daughters. I don't want to comment on this in their interest. He clarified that his personal life has nothing to do with his profession.
divorce from wife
Let us tell you that amid the dispute with his wife, Gautam Singhania had announced his separation from his wife Nawaz Modi Singhania through a social media post on 13 November 2023. After the divorce dispute, he was removed from the board of the company. After the EGM, JK Investors Limited, Raymond Consumer Care and Smart Advisory and Finserv ousted Nawaz Modi.
dispute with father also
According to media reports, his wife Nawaz Modi has set a condition for divorce from Gautam Singhania. He wants a large share of Raymond's estate. According to the report, he has demanded 1.4 billion dollars to separate Gautam Singhania. To separate from Gautam Singhania, she has asked for 75 percent of her total property.
Let us tell you that before Nawaz Modi, Gautam Singhania was also in the news regarding the dispute with his father and Raymond founder Vijaypat Singhania. Vijaypat Singhania himself had accused his son that Gautam had thrown him out of the house.